Foreign Exchange
To support our clients’ global trading activities, CIBC Mellon provides seamless foreign exchange services through the trading desks of CIBC World Markets and The Bank of New York Mellon Corporation.
The benefits to you:
- Our expertise with spot, forward and option contracts in all major currencies means we are your one-stop-shop for foreign exchange.
- Our seamless systems interface with CIBC World Markets and The Bank of New York Mellon Corporation, saving time, reducing risk and improving the overall efficiency of the foreign exchange trade cycle.
- Clients and investment managers can deal directly with our foreign exchange trading desks.
How it works:
- Clients and investment managers provide their foreign exchange requirements to CIBC Mellon.
- Trade orders are entered on our system and given supervisory approval.
- Trade orders are then directed to one of our exchange desks for pricing and execution.
- The executed trade details are relayed back to our system, where they are confirmed and settled.
For more information on our foreign exchange services, please contact your relationship manager.